Emeryville, California, July 5th, 2006 – Health Diagnostics, the Bay Area’s leading diagnostic imaging service provider,
announced today the acquisition of 3T MRI Menlo Atherton. Health Diagnostics’s
acquisition of 3T MRI enables the company to offer the most advanced
MRI technology in the Bay Area. In-addition, Health Diagnostics can now offer customers
four convenient locations: Menlo Park, Burlingame, San Francisco and
San Rafael. The transaction was completed July 1st, 2006.
“We are extremely excited to be entering the ultra high field MRI arena.
We believe 3-Tesla MRI will be the centerpiece of high field MRI imaging for
the foreseeable future. 3T MRI Menlo/Atherton’s proximity to Stanford
University and other thought leaders in ultra high field MRI will be a tremendous
advantage for Health Diagnostics as this exciting technology continues to develop,” said
Ara Chackerian, President and CEO of Health Diagnostics. “This is another
step in demonstrating Health Diagnostics commitment to providing convenient, high quality
and cost-effective out-patient imaging services in Northern California. We
will continue to expand this network both in terms of locations and modalities.”
The center, operating as 3T MRI Menlo/Atherton, is
located at 99 El Camino Real Menlo Park, CA. For more
information, visit the company’s website www.Health Diagnosticsdiagnostics.com.

About Health Diagnostics

Health Diagnostics meets
the broad spectrum of clinical and administrative needs
of over one hundred healthcare facilities in California through fixed-site
and turn-key imaging services. The company’s fixed-site division, Bay Area
MRI, operates single modality and multi-modality diagnostic imaging
centers that use advanced imaging technologies including magnetic resonance
imaging ("MRI"), computed tomography ("CT") and
nuclear medicine, as well as ultrasound and bone density
testing (DEXA). Health Diagnostics also provides turn-key imaging services for hospitals
and medical groups